Tom Brough of Chicago – Should you take out a Life Insurance Policy?

There are many people who wonder when it is the right time to take out a life insurance policy. Tom Brough is a licensed life insurance agent who helps his clients in Chicago invest in life insurance policies. There are many benefits to having a life insurance policy no matter what age you are. A life insurance policy can offer you an investment opportunity, which could benefit you in the future.

A life insurance policy should fulfill your current and your future needs. If you are married and have kids, it might be a good idea to take out a life insurance policy. Many young adults who are in this situation purchase a term life insurance policy. This is the simplest type of policy, and it can provide many benefits. These policies often offer a low premium to young adults, but that premium increases with age. One of the best benefits about this type of policy is that you can convert it to a whole life policy, with a lower premium, in the future. Also, this type of policy is generally good for young families who have large debts that would be difficult to pay back after a sudden loss of income.
A life insurance policy can also be used as an investment.

Permanent policies often provide cash value, which accumulates over time. This can provide you with a financial return after a set period of time. Tom Brough Chicago is a professional in the financial industry who works with investments as well as life insurance policies in Chicago.

Tom Brough of Chicago – What is the United States Securities and Exchange Commission?

Tom Brough is a successful financial professional who has 20 years of experience. He is a registered investment advisor in Chicago, Illinois and the president of Brough Investment Advisors. This means that he is registered with the United States Securities and Exchange Commission (SEC). He has few limitations and is able to work with many clients. Many financial advisors choose to register with the SEC because it offers them a wide array of benefits.

The SEC is a federal agency in the United States government that plays an important role in the financial and investment industries. The SEC’s mission involves three different parts. The first is to protect investors. This agency enforces federal laws that involve securities and investments. In order to protect investors, this agency works to prevent companies and corporations from committing fraud.

The SEC also strives to maintain markets that are efficient, fair, and orderly. This agency proposes securities laws, and it regulates the securities industry. This agency requires public companies to submit quarterly and yearly reports, which are then made available to the public.

The SEC also regulates the stock and options exchanges in the United States. The third goal this agency works towards is to facilitate capital formation. Capital formation refers to the net capital that is accumulated during a set accounting period.

Tom Brough is an ambitious and successful professional, who graduated from DePaul University in 1993 with a degree in finance. Since then, he has worked hard to build his business and his career in Chicago.

Tom Brough of Chicago – Do you Have a Good Life Insurance Plan?

If you are getting ready to take out a life insurance policy, there are several factors you should take into consideration. Tom Brough is a registered life insurance agent who works with clients in Chicago, Illinois. He is an experienced financial professional, who is able to provide his clients with information, resources, and advice. He is also a successful professional in the financial industry, who has been working with clients for years. As a registered life insurance agent, he helps his clients invest in the right life insurance policy for their family’s needs. Finding the right life insurance policy takes time, and this process often takes several different factors into consideration.

There are many different types of life insurance policies. You should choose the one that suits your needs, and the future needs of your family the best. The simplest type of life insurance product is a term policy. A term policy provides the policy holder with insurance coverage for a specific period of time, which is outlined in the contract. If the policy holder passes away during that period of time, then the beneficiaries will receive the death benefits. This type of policy has no investment component, and the premium is determined by the insured individual’s health and age. A term policy can be further broken down into two different types of policies. The first is a level term policy. With this policy, the death benefits do not change throughout the duration of the policy. The second type is called a decreasing term policy, with this type, the death benefits decrease throughout the life of the policy.

The second major category for life insurance policies is permanent life insurance. This type of policy offers policy holders several benefits. The policy holder has life insurance coverage as well as a cash value benefit. If a policy holder has this type of policy, then a small portion of the premium payment is saved for the policy holder each month. After the cash value has accumulated, and a specific amount of time has passed, the policyholder can withdraw that cash or borrow against it. It is important to note however, that borrowing against a life insurance cash benefit can potentially decrease the death benefits.

There are three major types of permanent life insurance. The first is called traditional whole health, with this policy, neither the premium nor the death benefits ever change. The second is called universal life insurance. This policy can have a fluid premium depending on the balance of the cash value account. The third is called variable life insurance. With this type, a portion of the premium is invested in money market mutual funds, bonds, and stocks in order to earn higher death benefits. Tom Brough Chicago is a licensed life insurance agent and an investment advisor who works with insurance policies in Chicago, Illinois.

Source:http://marketrealist.com/2016/03/types-appropriate-different-age-groups-financial-goals/

Tom Brough of Chicago – Everything you Should Know About Hedge Funds

A hedge fund is a type of investment in the financial industry. Tom Brough has been working in the financial industry for 20 years. He is a financial advisor in Chicago, Illinois, and a manager for the Hedge Access Group’s portfolio of funds. He has a degree in finance from DePaul University. He also completed a certified financial program through Northwestern University. He is highly knowledgeable and experienced in his field, and he has worked hard to build a successful career in this industry. Hedge funds area an important topic in the financial industry.

A hedge fund in a type of investment fund that draws and pools from a small number of accredited institutional or individual investors. That fund is then used to invest in a variety of assets. Hedge funds, like mutual funds, can be referred to as pools of underlying securities. They are also similar to mutual funds in the sense that they can be invest in a wide array of securities. However, hedge funds are very different than mutual funds, and there are several important facts about this type of investment.

One of the most important things that you should know about hedge funds is that this type of investment is not regulated by the United States Securities and Exchange Commission (SEC). Due to the fact that these funds are not regulated by the SEC, hedge funds can be invested in a wider selection of securities. Some professionals choose to invest hedge funds in traditional securities, such as bonds, stocks, real estate, and commodities. Other professionals choose to invest using riskier and more sophisticated investment techniques. Derivatives are another investment option for hedge funds. Derivatives are contracts for buying and selling a certain security at a specified price. An example of a derivative is a futures contract.

Hedge funds also typically use a specific investment strategy. Many hedge funds employ long-short investment strategies. This means that hedge funds will purchase stock, or invest in some long positions. Hedge funds will, at the same time, sell stocks with borrowed money, and then purchase them back at a lower price. Selling stocks in this manner is called a short position. When this investment strategy is used with the right timing, hedge funds are able to make a good profit. Hedge funds are not as liquid as other investment funds, which means that it can be more difficult for investors to sell their shares. The majority of hedge funds attempt to generate returns during the lock up period. This is a specific period of time when investors are unable to sell their shares.

Hedge funds are an important part of the financial sector. Tom Brough Chicago is a successful hedge fund manager who works with a group located in Chicago, Illinois.

Life Insurance Agents

Becoming a life insurance agent is a challenging path to take in life. The annual income of agents has been reported to be from $350,000 to $600,000 at some insurance providers. There is a reputation surrounding life insurance that is a generally bad reputation. Life insurance companies take your money, wait until you are dead, and then proceed to find a way to say you died that would let them completely ignore paying your family a penny. They have this reputation for a reason, as a specific form of life insurance, accidental death insurance, is known to rarely pay benefits. However, a good portion of life insurance agencies pay the benefits to the recipient when the specified person is deceased. There are a plethora of forms of life insurance, and many are very honest lines of work. Life insurance agents actually say that one of the best parts of their job is being able to give a check to a family that dearly needs it. Yes, it is unfortunate that a person has passed away. However, being able to offer assistance to grieving people can outweigh even the biggest disadvantages of the job.

However, being a life insurance agent requires a specific temperament. Even when a person needs a life insurance plan, the stigma surrounding the industry is so thick that the person is still likely to refuse such a thing. It is then the job of the life insurance agent to enlighten the person and make them a client.

Tom Brough Chicago has lived in Chicago all his life and was a licensed life insurance agent who enjoyed convincing skeptical people that they needed life insurance. Because of those successes, he has been able to help the clients’ families after they passed away.

Life Insurance

Life insurance is an iffy sort of policy to have. At least, that is what the media portrays about it. This is true, insofar as specific life insurance plans being made for specific purposes and used for others. One form of life insurance that rarely has to pay a benefit is accidental death insurance, or accidental death and dismemberment insurance. The idea of this insurance is that the only things covered are accidents.

Accidents do not include natural death, illness, suicide, war injury, athletic injury, and any other number of types of death. There are only a few specific types of death covered by accidental death insurance, such as drowning, falls, traffic accidents, and a couple other things. Usually the process of claiming the benefit is lengthy, as the insurance agency might want to perform an autopsy and investigate the case before paying anything.

Sometimes, depending on the policy, fractional amounts of the benefit will be paid if the covered client loses an appendage. However, these are the insurance agencies that are known to come up with any possible reason they can so that they will not have to pay the benefit. If someone were in a traffic accident, lived for a few days, then died of an illness, they would not pay a thing. These sorts of reasons are the reasons that keep them from paying the benefit on the majority of their policies.

 Tom Brough Chicago, a local of Chicago, IL is a Financial Advisor, who would only advise such plans in specific circumstances.

Tom Brough of Chicago – So You Think You Can Be A Licensed Life Insurance Agent?

If you are mulling over options for your career, there are several things to consider before taking the plunge as a licensed life insurance agent. It is, unfortunately, common that people, in general, consider life insurance to be a daunting subject. In fact, not many people are excited about discussing their own mortality, especially with a stranger. There are also other intimidating factors that are associated with life insurance such as not understanding how it works, the costs, the hidden taxes and let’s just face it; it is not the most exciting topic. However, the combined factors of complexity, dullness, expense, and subject matter can lead any intelligent human to overlook the critical decisions necessary to make great financial decisions. Sometimes, people do not buy enough life insurance to cover all of their needs and many of those who do buy enough make mistakes, and end up with insurance that is not beneficial.

Consumers need to consider several issues before they drift into the life insurance tides surrounding them. It may not seem like the cool investment to make at a young age but often many find themselves to be in love and with a new family within a year. Most young adults don’t even consider their options, should something happen to them. Tom Brough Chicago says that by starting young, you guarantee your insurability, provided you keep paying the premiums. If you can quantify the value of life insurance and be diligent in understanding the nuances of policies, then you can be a successful life insurance agent.

Tom Brough of Chicago is a financial expert who formed Brough Investment Advisors in 2009 after he had successfully completed a certified financial program at Northwestern University. He has been a financial advisor for many years. He has worked as a broker at several Chicago-area brokerage firms, and also as an independent broker and received a degree in finance from DePaul University.

Tom Brough Chicago – Life as a Licensed Life Insurance Agent

Within the financial services industry itself there are very few careers that can match the possibilities for a profitable payout as being a life insurance agent can offer. Not an easy path but you do have to adjust to the learning curves, peaks, and valleys and just flat-out get used to hearing the words no. The industry of life insurance focuses on helping families, businesses, and employees to protect themselves from the financial burdens and potential losses that occur when someone passes away. Although the payout is usually heavily commissioned earning, the agent selling eight or more policies monthly could make up to $100,000.00 a year as a rookie agent. This is not a career for the easily offended or those with a low self-esteem earn personality.

It is quite easy to find these types of jobs in local newspapers and online classifieds. In fact, it doesn’t require many strict qualifications other than education and coachability. If you are looking to get hired, keep some basic rules in mind. You’ll need a resume, and that resume should highlight your entrepreneurial spirit, your ability to take ownership and the attitude of the self-starter. It is also important to take the time to research the company you have applied for and make sure they have an outstanding reputation with their customers. Understand that this position is going to be challenging, and it may take a few months before you see any significant sales activity. It is important that you display fearless, determined and self-starter personality throughout your entire job search and when you’re hired. Persistence can get you the job in making a great impact on your career.

Tom Brough of Chicago is the founder of broth investment advisors and graduated from DePaul University where he earned a degree in finance.

Tom Brough Chicago: Family Time

Tom Brough of Chicago is a veteran financial advisor who has been active since completing his education at DePaul University, where he received a degree in finance in 1993. He has since worked for brokerage firms in the Chicago area and worked independently. Along the way he helped to raise one hundred million dollars for his firm’s fixed income bond trading program and developed twenty million dollars in real estate.

He has also started a family, and spending as much time with them as he can is very important to him. He believes that quality time with his family emerges from quantity time. In other words, the more time the family spends together, the better the quality of that time. And so whenever possible, his family shares meals, and talk about what they did during the day, sharing the ups and downs, successes and setbacks that make up ordinary life.

As Tom Brough of Chicago has learned, children raised this way do not forget meaningful family time. It’s important to him that he share as much of his time with his family as possible, but with his busy work schedule it can get a little tricky. When he knows he has an especially busy time coming up then he will build some family time into his schedule, often around a meal. He also knows that it is important to do a variety of different things, and that it isn’t so much what you are doing as the fact that the family is doing these things together. So even something as mundane as little household chores can be turned into quality family time. All of it, says Tom Brough of Chicago, will send that all-important message of love.

 

Tom Brough Chicago: Running Marathons

Tom Brough of Chicago is a financial advisor who has twenty years of experience under his belt. He has succeeded by committing himself to being the best that he can be, an approach that has served him well professionally, and in other endeavors.

Tom Brough of Chicago has completed three Chicago marathons, and knows that as daunting a prospect running 26.2 miles might seem to someone who has never done it before, it is not only an achievable goal, it is an incredible experience.

He says that anyone who wants to run in and complete a marathon can only succeed by committing to that goal, one hundred percent. You cannot be half-hearted about it. And once you decide to enter and complete a marathon you have to devote yourself completely to the preparation. He says that as simple as it might sound, what you really have to do is concentrate on putting one foot in front of the other, over and over, until you finally cross the finish line.

There are countless marathons held all over the United States, but when it came time to choose one Tom Brough of Chicago kept it easy and chose the Chicago marathon. Once that simple decision was made then he got himself the necessary gear, and the most important thing was a good pair of running shoes. There are a lot of different styles to choose from, and he knows from experience that no one style works for everyone. He recommends going to a specialty running store and asking a clerk to help you find the shoe that is going to work for you.

After that, Tom Brough says you train, and train, and train. And on marathon day, keep putting one foot in front of the other, until you cross the finish line.